Author's Posts

March 12th, 2018Contributed by Glenn O’Connell, Luke Bugden, Steve Ford, Kirsten Arblaster, Mark Edmonds, Trinh Hua, PwC
In the recent decision in Denmark Community Windfarm Ltd v FC of T 2018 ATC ¶20-646 (Denmark Community Windfarm), the Full Federal Court held that a Commonwealth Government grant to partially fund the construction of wind...

March 5th, 2018Contributed by Jack Stuk, National Tax Partner, KHQ Lawyers and President, NTAA Ltd
In February 2018, the government released the exposure draft of the Treasury Laws Amendment (Measures for a later sitting) Bill 2018: with the misleading byline “… improving the small business CGT concessions”.
The following article demonstrates...

February 12th, 2018Contributed by Ken Woo, Partner, Grahame Roach, Partner and Darren Mack, Director; PwC Australia
Late last year, the government released exposure draft legislation for comment in relation to the tax treatment proposed for the new Corporate Collective Investment Vehicle (CCIV). This follows the earlier release of draft legislation...

January 29th, 2018Contributed by Andrew O’Bryan, Partner, Michael Parker, Partner, Jacinta Bolzonello, Lawyer, Hall & Wilcox
The Commissioner has issued Draft Taxation Ruling TR 2017/D10 Income tax: Trust vesting — amending the vesting date and consequences of a trust vesting. The draft ruling does not make any major variation from the current...

January 22nd, 2018Contributed by TaxCounsel Pty Ltd
The Treasury Laws Amendment (Housing Tax Integrity) Act 2017, which was passed by parliament late last year, made some significant amendments that give effect to several housing affordability measures that had their genesis in the 2017/18 Budget.
One of these measures was the introduction of an annual...

December 4th, 2017Contributed by Anthony Bradica, Partner, Adam Dimac, Lawyer and Joni Pirovich, Lawyer, Hall & Wilcox
As cryptocurrencies gather momentum among investors, it is no surprise that both the public and the ATO are turning their thoughts towards those who invest in this digital asset.
It should also come as no surprise that tax is an...

October 16th, 2017Contributed by William Fettes, Senior Associate and Daniel Butler, Director, DBA LawyersThe new rules that govern when a transition to retirement income stream (TRIS) enters retirement phase give rise to a number of complex issues in the context of reversionary nominations and death. This article examines the retirement phase rules...